Car auto insurance » Liability Coverage

Compare Car Insurance Rates

admin — Thu, 13 May 2010 22:45:24 +0000

There are plenty of ways to compare your car insurance price quotes. You can drive around and visit your local insurance companies, browse through the yellow pages of directory and call them or you may speak with an expert insurance agent. But the quickest and most convenient way of comparing car insurance price quotes is to go online. The internet allows you to connect through several insurance carriers without leaving your home. By logging online you can literally find hundreds of quotes. To ensure that you get the best deal for your car insurance, here’s how to effectively compare car insurance price quotes.

Evaluate your auto insurance needs. Identify what specific coverage do you need? Do you own a very expensive car or do you only need to financial security in the event of an at-fault accident? Identifying your car insurance needs is essential when obtaining a quote online or anywhere else.

Utilize an insurance comparison website tool. Choose an online insurance comparison tool such as an online insurance broker website that allows you to view and compare multiple rates from different insurance carriers. Usually you only need to answer a few basic questions such as your name, the type of car you drive and your zip code. Once submitted, you will instantly receive several quotes from competing companies.

Choose carefully your auto insurance coverage. Although it sounds good to have an affordable auto insurance but you may not call it a quality coverage if you find yourself not well accounted for all the liabilities you need. Consider applying for a plan that includes a minimum liability coverage so that even if you hit a very expensive car you are still protected from any financial expenses.

Not only that you choose a coverage that suits your needs but as well as you buy a policy that fits your budget. If possible, try to find a policy that includes a comprehensive coverage at the best rate.

By: Jewels Smith

Auto Insurance FAQs: Your Questions Answered

admin — Mon, 19 Apr 2010 21:47:11 +0000

When it comes to auto insurance, most consumers have questions about the kind of coverage they buy, what they’re required to have and if there are options for high-risk drivers.

Learning the answers to these and other questions can help you make better purchasing decisions when it comes to car insurance. And now, finding answers is easier than ever!

Frequently Asked Questions about Auto Insurance

Can I drive without car insurance?

No! Almost every state requires its motorists to carry liability insurance, which covers damages to people and property resulting from an accident for which you are at fault.

All states also have financial responsibility laws, which require you show the state that you have the funds to pay claims if you have a bad accident. If you don’t have proof of sufficient funds (which varies by state), you’ll need to purchase at least the minimum state-required coverage.

What are the minimum insurance requirements?

While minimum coverage amounts vary by state, all state-required insurance will cover your liability for bodily injury and property damage.

For example, if the minimum auto insurance requirement in your state is listed as 25/40/15, this means that you’ll have coverage up to $40,000 for all motorists injured in an accident, up to a $25,000 for one person in an accident and $15,000 for damaged property.

While this may seem like a healthy amount of coverage, purchasing the state minimum is really purchasing a bare bones insurance policy. The Insurance Information Institute (I.I.I.) recommends carrying at least $300,000 liability coverage per accident and $100,000 per person–and your insurer will encourage you do to the same.

What happens if I can’t find car insurance?

If you’ve applied for car insurance and been turned down because of your driving record or other factors, fret not–you still have options available to you. According to the I.I.I., you have two options: join a state assigned risk pool or buy a policy from a non-standard insurer.

An assigned risk pool consists of insurers in your area, who under state law, are required to participate in proportion to the amount of voluntary business they accept. As a result, insurers must accept motorists assigned to them and write policies accordingly. But because insurers have to take a substantial risk on insuring high-risk drivers, premiums are significantly more expensive.

Non-standard insurers may also be able to write you an auto insurance policy. These types of private insurers typically write policies for motorists with a poor history of accidents, people who live in “high-risk” neighborhoods and those who drive high performance cars.

While both of these options may have you forking over some extra cash, they might be your only source of auto insurance until your circumstances improve. Just remember to keep shopping around so you can switch insurers once you find a better premium price.

What are the differences between nonrenewal and cancellation of a policy?

You or your insurer can choose not to renew your auto insurance policy after it expires for a variety of reasons. You might decide not to renew your policy if you find a better deal somewhere else or weren’t happy with the service you were receiving.

An insurer may not renew your policy if you did something to substantially increase their risk to cover you–or if the company decides to write fewer policies in your area.

Cancellation, on the other hand, is more serious. According to the I.I.I., insurers cannot cancel a policy that’s been in force for more than 60 days unless:
You fail to pay your premium You defraud the company Your driver’s license is suspended or revoked
Cancellation of your policy may also make it harder to find insurance in the future, thus forcing you to buy a high-risk policy for a more expensive premium.

What if I’m not satisfied with my insurer?

As a consumer, you have rights when it comes to your auto insurance. If you’re not satisfied with your agent, let him or her know. If your complaint still goes unchecked, see if the insurer has a consumer complaint department and file a complaint.

If your issues remain unsolved, contact your state department of insurance. The department of insurance exists for consumer education and protection, and they can provide you with help and resources to take your complaint to the next level, or find a new insurer. You can contact your department of insurance by phone or find them online for more information.

A knowledgeable consumer is a powerful consumer!

Finding questions to your auto insurance answers is the first step to becoming an educated consumer–allowing you to make wise purchasing decisions about affordable car insurance. Find more answers to your auto insurance questions by contacting your state department of insurance!

By: Megan Mahan

Titan Auto Insurance – Useful Info

admin — Sat, 17 Apr 2010 01:19:49 +0000

Are you searching for information related to Titan Auto Insurance or other information somehow related to Car Insurance Online Quote Australia, Irish Car Insurance Quotes, Vehicle Insurance Quote or Safe auto Insurance Company. If yes, this article will give you helpful insights related to Titan Auto Insurance and even somehow related to Safe Auto Insurance Group, Auto Insurance Points and Corporate Car Insurance that you might not have been aware of.

You have options when considering coverage for your vehicle. You can choose to carry minimal coverage such as liability, but your coverage will be limited. Liability coverage only usually covers damages to others involved, however it will not cover damages to your vehicle. By law, everyone needs to have liability coverage to drive. It is usually a wise choice to add collision and comprehensive coverage to your policy to protect yourself and your investment. Collision coverage will often cover your damages whether you are at fault or not in a situation where you are involved you in an accident. Comprehensive coverage covers occurrences such as fire, theft and vandalism. They can usually be added to your policy separately.

However, the single most important thing that’s most likely to save you money when buying auto coverage is to carefully shop around. Of course it is a pain and not a very fun or good way to spend an afternoon, but it can really save you a lot of money in the long run on your automobile coverage premiums. When your coverage needs to be renewed it is very tempting to sign the check and not check for better rates elsewhere, but this could be costing you a great deal of money. With a bit of effort you can achieve or realize a real saving on your auto coverage and this can make your driving a lot more affordable.

Always try to maintain a good credit record. This assists in fetching you a good coverage policy for most often insurers use the person’s credit information to rate auto coverage policies.

Another way of obtaining low cost auto coverage is to know the cost of the coverage of you next cars. Car coverage cost is based, among other things, on what your car is worth and what the repair costs will add up to. Low cost auto coverage companies maintain a list of the most frequently stolen cars. If your prospective car appears on this list, be ready to pay higher premiums. Investigate which cars have the best safety ratings and the lowest repair costs. Lower car repair costs often equal low cost auto coverage.

Sometimes the difference between getting auto coverage and going uninsured is where you keep your vehicle at night. Most thefts do not involve a garaged car and this is reflected in premium discounts. If you have a winter home with no garage, try putting the vehicle in storage. Let your coverage company know that your car is in storage, and you could receive a partial premium reduction.

As detailed as this article is, don’t forget that you can find more information about Titan Auto Insurance or any such information from any of the search engines out there such as MSN.com. Commit yourself to finding specific information therein about Titan Auto Insurance, and you will.

Air bag technology has become more advanced, with sensors that deploy air bags based on the weight of the occupant, reducing air-bag-related injuries. Some new cars also have side air bags in the seats or door frame that offer better protection.

Many folks seeking online for articles related to Titan Auto Insurance also sought for articles about Affordable Auto Insurance Companies and even Cheap Car Insurance.

By: Deepak Kulkarni

Car Insurance – Auto Coverage Essentials

admin — Tue, 26 Jan 2010 13:35:20 +0000

In some states, it is not required to carry car insurance. Due to the financial situation of today, many drivers in these states are opting to cancel their policies and drive their vehicle with no insurance. This is a very dangerous move, no matter how much money it may save you each year. Car insurance is important to have. Not only will it protect you and the vehicle, but it could also prevent you from being sued for millions of dollars if you found at fault in an accident.

Many people are feeling the effect of the economy and are choosing to carry the bare essentials on their insurance policy. While this is acceptable, as long as you meet the requirements of the state, it is not the best thing to do. Having minimal insurance will not protect you or your assets if a claim is filed. Unless you have no assets and are driving an older car, it is highly recommended to add a little extra coverage to the bare essentials.

Currently, there are only two states in the country that do not require drivers to have liability coverage. Those states are New Hampshire and Wisconsin. All other states have coverage that is mandatory. When reviewing your policy or obtaining a new one, always check what the state requirements are. Personal Injury Protection is required in many states. This coverage will pay for any medical expenses you incur and will also cover any lost wages as a result of an injury in an accident. States that do not require this may require you to carry coverage that pays your medical expenses.

Different states have different requirements for bodily injury liability. No matter what the state requirement is, or if there even is one, it is suggested you carry this liability. If it is required, it may be best to purchase a higher limit. This will help to protect you if someone else is injured and you are found at fault. If the coverage does not cover their medical expenses, your assets will be at risk. Lawyers will do everything they can to claim your assets in a lawsuit if you do not have the liability coverage. This does not apply to everyone. If you have very little assets, then it may not be beneficial to pay for the extra coverage.

Aside from liability coverage, there are other things to consider, such as comprehensive and collision coverage. Collision will cover any damage that is done to the car in an accident. Comprehensive covers damage done when an accident is not involved. This could include fire, theft, falling objects or explosions. These two types of coverage are usually required when you are leasing a vehicle. They are also very important to have if you own a luxury car.

No matter what the state requires, you want to have coverage that will protect your assets, not just your car. You also want something that will pay for medical expenses. While many states do not require these, it is in your best interest to have them on your policy. Only having the bare minimum may save you money on the policy, but could cost thousands if you are in an accident.

Most people feel car insurance is a waste of money. While this may be true if you go your entire life without an accident, it is not wise to be uninsured. You never know what could happen, so it is best to pay the money and protect yourself in the event of an accident. This does not mean you have to have the best of the best, but make sure your medical expenses are covered and your assets are well protected.

By: Rocco Beatrice

Obtaining Car Insurance After a DUI, DWI

admin — Thu, 07 Jan 2010 23:50:20 +0000

Obtaining car insurance after you’ve been charged with a DUI (Driving Under the Influence) can prove to be a challenging task. Most major car insurance companies will not give you coverage and those that will cover you charge an arm and leg for premiums. If you’re a first-time DUI offender, this doesn’t seem very fair, right? If you’re currently insured (In most states you have to be insured), it’s possible that your insurance premium may not go up at all. Many insurance companies check your record every few years. However, if or when they do find out, they could raise your rates or even cancel your insurance.

What Companies Look At Before Offering Insurance

There are several factors that come into play in a company’s decision to offer you an auto policy. Many insurance companies will look at your previous driving history, of course, and some will even check your credit to see how financially stable you are. They also look at your claims history reporting. All of these variables combine to create an “insurance score”, much the same way credit bureaus come up with a credit score.

What Is an SR-22?

An SR-22 is a Department of Motor Vehicles form that provides proof of insurance. This SR-22 is required who have been arrested or convicted for a DUI and want to get a restricted license. It also lets the DMV know that the car insurance company has issued at least a minimum liability coverage for the person filing the form.

Shop Around For Insurance

Make sure to get several quotes from companies before making a decision on purchasing car insurance. Perhaps your DUI lawyer can recommend a few companies that can help you with your SR-22 filing and offer a decent rate.

By: Maria Palma

Insurance – Understanding Car Insurance

admin — Sat, 05 Dec 2009 22:42:13 +0000

Buying car insurance can be a very big expense on the household budget, especially if you have teenage drivers in the family. Add in the fact that every state has different liability requirements and things can get quite confusing pretty quick. It’s good to know what is required and what everything in a car insurance policy means. So let’s take a quick look at what an auto insurance policy really is.

Liability

This is what protects you in the event you cause an accident and hurt someone else, or damage property. Every state has there own liability requirements. Be sure to check what your individual state requires. Let’s take an example of a policy with a liability limit of 100,000/300,000. The first 100,000 is the limit that the policy will pay for any one persons medical expenses. The next figure, 300,000, is the limit the policy will pay for all medical expenses for anyone in the accident.

It is important to note that liability coverage will not pay for any injuries or damage to your own vehicle.

Property Damage

This is the total amount that your insurance policy will pay for property that you damage if it is determined that you caused the damage. Generally, most policies have $100,000 as a property damage limit. You can increase that if you wish to. With the price of cars and property these days, it may be a good idea to increase that limit up to $250,000.

Comprehensive

This insurance coverage pays for damages done to your car. This includes theft, storm damage, fire and vandalism. This coverage will have a deductible attached. The rate for this insurance coverage goes down as the deductible goes up. This coverage will also be required on any loan you may have on the vehicle.

Collision

Collision coverage will pay you for damages down to your own vehicle in the event an accident is deemed to be your fault. If your vehicle is totaled out in an accident the insurance company will pay you the actual cash value of your vehicle. This could be less in some cases than what your vehicle is worth. Collision coverage is also required by finance companies on any loan against your vehicle.

Uninsured / Underinsured Motorist

Uninsured and underinsured motorist coverage will pay you in the event of an accident that is not your fault and the other party has either no insurance coverage, or not enough insurance. No matter what the law states, there will always be those who refuse to carry insurance. That makes having this insurance coverage vitally important.

Optional Coverages

There are many different optional auto insurance coverages that you can purchase on your auto policy. Some of these include emergency road service and rental car coverage. Both of these services can be a big help to you in the event of a claim.

By understanding the various auto insurance coverages you’ll be able to determine what exactly you need for your particular situation. In the long run this will help save you money and give you peace of mind.

By: Michael Russell